The Ai Group Australian Manufacturing PMI dropped to 52.5 in July 2022 from 54 in the prior month, amid fewer enquiries, weather conditions, delayed construction projects, and supply chain difficulties. Output growth slowed (47.5 vs 54.7 in June), mainly due to the machinery & equipment, chemical products, and building materials; while both export sales (51.2 vs 53) and employment (50.1 vs 51) rose at softer rates. Meantime, new orders accelerated (59.9 vs 55.7), despite lengthening delivery time (47.4 vs 51.5). Turning to prices, input cost declined for the first time since February but remain at very high levels (79.7 vs 89.3), amid persistently high energy prices and other costs; while selling prices were also lower as fewer manufacturers are able to pass on costs to their customers (64.5 vs 67.8). source: Australian Industry Group

Manufacturing PMI in Australia averaged 51 points from 1992 until 2022, reaching an all time high of 63.20 points in June of 2021 and a record low of 29.47 points in February of 2009. This page provides the latest reported value for - Australia Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Manufacturing PMI in Australia is expected to be 53.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Manufacturing PMI is projected to trend around 53.00 points in 2023, according to our econometric models.

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Australia Manufacturing PMI



Related Last Previous Unit Reference
Services PMI 51.70 48.80 points Jul 2022
Manufacturing PMI 52.50 54.00 points Jul 2022

Australia Manufacturing PMI
Ai Group Manufacturing PMI Index measures the performance of the manufacturing sector and is derived from a survey of 200 industrial companies. It is composite index based on the diffusion indices for production, new orders, deliveries, inventories and employment with varying weights. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.
Actual Previous Highest Lowest Dates Unit Frequency
52.50 54.00 63.20 29.47 1992 - 2022 points Monthly
SA

News Stream
Australia Manufacturing Growth Eases: Ai Group
The Ai Group Australian Manufacturing PMI dropped to 52.5 in July 2022 from 54 in the prior month, amid fewer enquiries, weather conditions, delayed construction projects, and supply chain difficulties. Output growth slowed (47.5 vs 54.7 in June), mainly due to the machinery & equipment, chemical products, and building materials; while both export sales (51.2 vs 53) and employment (50.1 vs 51) rose at softer rates. Meantime, new orders accelerated (59.9 vs 55.7), despite lengthening delivery time (47.4 vs 51.5). Turning to prices, input cost declined for the first time since February but remain at very high levels (79.7 vs 89.3), amid persistently high energy prices and other costs; while selling prices were also lower as fewer manufacturers are able to pass on costs to their customers (64.5 vs 67.8).
2022-08-01
Australia Manufacturing PMI Turns Higher
The Ai Group Australian Performance of Manufacturing Index rose to 54.0 in June of 2022, from a four-month low of 52.5 in May, marking a pick up in the growth momentum of the manufacturing sector.
2022-06-30
Australia Manufacturing PMI Falls to Four-Month Low
The Ai Group Australian Performance of Manufacturing Index went down to 52.4 in May of 2022 from 58.5 in the previous month. The reading pointed to the slowest growth in factory activity since a contraction in January.
2022-05-31